Telefonica’s Brazilian fixed-line operator Telesp has lined up $17 million (€13.8 million) of finance from domestic investors to take over wireless carrier Vivo, Reuters reports.

Angry O2 corporate customers say in blogs that their contracts have been transferred to VON and managed services provider Azurri Communications without their permission, and that the firm is updating contracts automatically, ITProPortal reports.

France Telecom will contribute €50-60 million to a consortium’s €100 million bid for control of Le Monde, enough to secure the telco a direct 20% stake in the French daily if successful, FT.com reports.

Nokia is preparing to tackle the tablet PC market with the launch of an ARM-based device in 4Q, according to Digitimes Research. Component suppliers revealed the vendor already has 100 prototypes ready for testing and that the device will be made by Foxconn International – the same firm that produces Apple’s iPad.

Verizon has dropped early termination fees on its FiOS service, as part of a package of new tariffs. Customers can now purchase bundles on a month-by-month basis for $99.99 (€81.38) - the same price as contract customers -, and new subscribers taking a two-year contract can cancel for free within 30 days of signing up.

Industry veteran Chris Burke has been appointed chairman of satellite navigation firm Navmii. Burke is the former managing director of RIM’s EMEA business, and was CTO at Vodafone from 2001-2004.

Kenyan authorities have begun registering all mobile phones to cut crime in the country. Subscribers have until end-July to identify themselves, or face being cut off, the BBC reports.